Nine Simple Steps to Create a Paypal Business Account

Opening a paypal business account will not only make your clients happy but will also decrease the workload of your employees giving them more time to concentrate on their product selling strategies.

PayPal is and was one of the
first online business service to discover the clever idea to give businessmen
selling online products a way to accept payments with credit cards and debit
cards from their customers without having to seek the services of a bank,
online financial sites, download software, etc. Paypal is basically an online
service that is under the custody of a third party and functions as a kind of
intermediary that is responsible for taking the money from the buyers account
and enter it into the sellers account. By performing these services, paypal
charges a fee to the sellers who receive payments. The type of accounts
involved include credit card accounts, checking accounts or accounts held
within PayPal where money is deposited directly to its members. Ultimately, the
person who will make a payment set up an account with PayPal indicating which
type of account (credit card or debit card, for example) is what the person
wants to be used for payment. Also, the seller has an account with PayPal to
see what type of account you want to receive money from their buyers. PayPal
leads to a virtual form of “swipe” and verifying customer information. The
customer can pay with a credit card without the vendor to establish a merchant
account.

In the past and till now, PayPal is also known
primarily as a service to pay for online products purchased on eBay, but the
truth is that it also helps in processing payments outside of eBay too, for
example, if you are into selling products online through your website. To use
this service of paypal, you have to sign up for Paypal business account or
premier account. From the moment you get a PayPal button to add it to the sales
section of your website, your customer would click the paypal button to
transfer the payment of the Paypal account you have, from his own, and you are
charged a fee per transaction.

Now learn how to create a paypal business account in nine easy steps

Interestingly, creating a PayPal
account is free. To establish a PayPal Business account, you need to follow these
steps:

Go to the homepage of the official website of PayPal (will open in a new window) and click on the “Sign Up Today”. This page will lead you to sign up for a
PayPal account.

For creating a paypal business account, enter you
country of residence, click on the “Get Started” button located beneath
the “Business” heading. A page will appear saying “Account Sign Up” and
“Business Account”.

Follow the instructions provided by the page with the
registration form and create your account with PayPal. Once you have
filled out the registration form and clicked the “continue” button, you
will receive an e-mail with a confirmation link which will return you to
the PayPal website to confirm your email address.

Now click on the confirmation link in the message
sent by email from Paypal. A Paypal page will appear to specify the
password.

Enter your password (you created during the
registration process) in password box and click the confirmation button.
This will take you to PayPal site “My Account” section.

Now you need to click on the Seller Tools section
located on the top of the “My Account” section. If you want to create a
Paypal shopping cart, click the link in Paypal shopping cart. To do this,
you need to click the “Buy Now” button.

Now provide information on the product you are selling:
Enter a brief description of your product sales in the “Name of
Product/Service” section; enter a product number in the “Product
ID/Number” section, enter the price in the “Price Product/Service” box,
and choose a button that buyers can click to make a purchase (you can
choose either a button containing the PayPal logo as a button you have
created above).

When you have filled in all the above information in
paypal website, click on the “Create Button Now”. This will take you to
the PayPal website to accept.

Finally, copy the code in the box “for web pages” and
paste it into the web page containing your product sales.

The advantages of using PayPal
for business is that you can accept payments through your website without
having to create an online seller account. Due to online payment frauds, what
is most important is that you and your client have a high level of confidence
to manage money without the use of credit card preventing you and your clients
from online use of credit card or debit card directly and for this creating a
paypal business account is the best option for selling products online. Adding
a Paypal button to your website will give your website an edge over your
business competitors.

Best of luck for your business, earn loads of money from
your website.

Comments

No HTML is allowed in comments, but URLs will be hyperlinked. Comments are not for promoting your articles or other sites.

sending

AUTHOR

Rajinder Soni

8 years agofrom New Delhi, India

Thank you so much Lisa for your extensive review of using Paypal as your business account. I learned a lot of new things from your comment.

Lisa HW

8 years agofrom Massachusetts

soni2006, informative Hub. I've had the PayPal business account for a few years now, and it's really useful for me because I'm a "business of one" as a self-employed person. The debit card is incredibly handy. Between that and the way PayPal does things on their site, they make basic record-keeping super-easy. PayPal is handy anyway. I've often been paid by a company in the UK, and converting money is no big deal through them. The card kind of completes the picture as far as making a PayPal account like a "regular" bank account.

I'm only one person, but compared to how a lot of banks and businesses do things; I wish every company did things as efficiently and well as PayPal does.

This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

This is used to display charts and graphs on articles and the author center. (Privacy Policy)

Google AdSense Host API

This service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)

This is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)

Facebook Login

You can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)

Maven

This supports the Maven widget and search functionality. (Privacy Policy)

We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.

Conversion Tracking Pixels

We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.

Statistics

Author Google Analytics

This is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)

Comscore

ComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)

Amazon Tracking Pixel

Some articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)